Blockstack Breaking Above EMA50 (111% Mapped)

BINANCE:STXBTC   Stacks / Bitcoin
STXBTC (Blockstack) moved up recently and challenged MA200, the black line on the chart.

A rejection happened at this level which ended in a higher low... We are now seeing its price recover, there can be additional growth.

STXBTC Chart Signals

  • Here we have prices moving above EMA10, EMA21, and EMA50.
  • The RSI is strong at 52.
  • The MACD is above zero ( bullish ).

The chart looks pretty healthy...
There can be additional growth.

Additional information, including targets and support levels, can be found on the chart.

Thanks a lot for reading.

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Good analysis. this is my view
nice setup my friend! πŸ‘πŸ»πŸ¦πŸ”
woot woot... got lots of events end of Nov and early Dec.. to the moon!!!